Description

ONEOK, Inc. is a prominent energy infrastructure company in the United States, specializing in the entire natural gas value chain. Its primary activities encompass the gathering, processing, storage, and transportation of both natural gas and natural gas liquids (NGLs). The company organizes its operations into three main segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines. Within the natural gas sector, ONEOK owns and manages an extensive network of gathering pipelines and processing plants, predominantly located in the Mid-Continent and Rocky Mountain regions. It also maintains regulated interstate and intrastate natural gas transmission pipelines, alongside crucial natural gas storage facilities. This comprehensive infrastructure includes an impressive 17,500 miles of gas gathering lines, 1,500 miles of FERC-regulated interstate pipelines, and 5,100 miles of state-regulated intrastate transmission lines. For natural gas liquids, ONEOK provides comprehensive services, from gathering, treating, and fractionating to transporting NGLs, as well as their subsequent storage, marketing, and distribution. Its NGL infrastructure features gathering and distribution pipelines spanning states such as Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado. The company also operates NGL terminals and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois, plus additional NGL distribution and refined petroleum products pipelines across Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana. Supporting these operations are truck- and rail-loading/unloading facilities integrated with its NGL fractionation, storage, and pipeline assets. The NGL division further benefits from six dedicated storage facilities and eight product terminals. Beyond its core energy operations, ONEOK holds and operates a parking garage in downtown Tulsa, Oklahoma, and leases out surplus office space. The company serves a diverse clientele within the energy industry. This includes integrated and independent exploration and production firms; natural gas and NGL gathering, processing, production, and marketing companies; crude oil and natural gas producers; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing firms, along with natural gas distribution and electric generation utilities. Established in 1906, ONEOK, Inc. maintains its headquarters in Tulsa, Oklahoma.